PEAK CAMPUS AWARDED MANAGEMENT OF 652-BEDS SERVING THE UNIVERSITY OF ARKANSAS
Nov 30, 2018
ATLANTA, GA (November 30th, 2018) – Peak Campus, one of the nation’s leading student housing operators and developers, announced today that it has been awarded management of The Avenue, a 652-bed new student housing development located near the University of Arkansas in Fayetteville, Arkansas. This brand-new community, developed by the industry-leading Haven Campus Communities, will deliver in time for the start of the Fall 2019 academic year and is the second community managed by Peak Campus in Fayetteville, expanding the Company’s existing presence to 1,322 beds in the market.
The Avenue will offer students the latest in smart-apartment technology: all units feature USB outlets, 55” smart HDTV’s in the common areas, and students control guest access through a video intercom app compatible with their smartphone or tablet devices. Floorplan options include both two and four-bedroom apartments, each with a private bed-to-bath parity and are outfitted with luxury finishes like wood style plank flooring, a full-size washer and dryer, and pillow top mattresses in each bedroom. These spacious floorplans also boast ample closet space and balcony views from select units.
The amenity areas at The Avenue are designed with comfort and convenience in mind. The clubhouse will feature Amazon Hub package lockers so that students can securely access their packages 24/7 while the Cyberlounge creates an optimal space for both work and study. Outdoor pavilion areas feature built-in grilling stations in addition to fire pits, and the resort style pool is surrounded by cabanas to optimize relaxation. A 24/7 fitness center and fully appointed study rooms round out the amenity offerings at the community and ensures anything students might need are only a few steps from their front door.
“The Avenue will provide University of Arkansas students with a fantastic, brand new living experience in Fayetteville,” said Casey Petersen, Chief Operating Officer at Peak Campus. “Peak Campus is excited to grow our presence at the University of Arkansas and we look forward to continuing to provide a superior living experience that both students and parents will enjoy.”
For more information about The Avenue, please visit theavenuefayetteville.com
ABOUT PEAK CAMPUS
Peak Campus, operating through a group of affiliated companies, is an institutional-grade property management and development company based in Atlanta, Georgia focused exclusively on the student housing industry. The companies' experienced professionals offer an unmatched ability to execute on strategies consistent with the goals and long-term investment strategies of its partners. The Companies’ have developed over 15,000 beds of purpose-built student housing, and currently manage over 51,000 beds with a combined valuation of more than $3.0 billion for investors nationwide, making them the second largest private operator in the United States. For more information about Peak Campus and its affiliates' full array of real estate solutions, please visit www.PeakCampus.com.